Two Simcoe County men lose over $250,000 to cryptocurrency scams
Two Simcoe County men lose over $250,000 to cryptocurrency scams
Police urge residents to beware of cryptocurrency scams after two Simcoe County men "suffered significant financial losses" after meeting individuals online who convinced them to invest.
South Simcoe Police say one man lost $200,000 and the other over $50,000.
Police say these scams promise a speedy and "incredible financial return" on an investment.
In 2021, victims lost $163.9 million to investment scams, according to the Canadian Anti-Fraud Centre (CAFC).
Police say in most cases, the investment opportunities seem too good to be true, with next to no risk.
The fraud centre says red flags include:
- Investment opportunities with higher than normal returns
- Investment offers made by unsolicited calls, email or on social media
- Urgency in a message, i.e., 'Don't miss out!'
- Individual met on a dating site quickly tries to convince you to invest in cryptocurrency
- Friend tells you about cryptocurrency investment opportunities via social media or email
The CAFC says if a friend reaches out with an investment opportunity via email or social media, call them to confirm it is, in fact, them who contacted you and not someone posing as your friend.
Do some research. Verify if the company is registered with the Ontario Securities Commission or the National Registration search tool.
Ask questions. Look into the team behind the offer and analyze the project.
Be wary of individuals on dating sites who attempt to educate you on investing in cryptocurrency.
And CAFC says to beware of scammers asking you to open and fund new crypto accounts because they will direct you to wallets they control.
Anyone who suspects they have been a victim of cybercrime or fraud should report it to the police and the CAFC.
CTVNews.ca Top Stories
Sask. RCMP issue Amber Alert for 7-year-old girl and 8-year-old boy
An Amber Alert was issued Monday evening by Shaunavon RCMP in Saskatchewan for seven-year-old Luna Potts and eight-year-old Hunter Potts.
Anne Heche remains in critical condition as police continue to investigate her car crash
Anne Heche has remained in critical condition since crashing her vehicle into a Los Angeles residence on Friday, according to a new representative for the actress.
Russian disinformation spreading in new ways despite bans, report says
After Russia invaded Ukraine last February, the European Union moved to block RT and Sputnik, two of the Kremlin's top channels for spreading propaganda and misinformation about the war. Nearly six months later, the number of sites pushing that same content has exploded, according to a report by NewsGuard.
Actor, singer Olivia Newton-John dies at age 73
Singer and actor Olivia Newton-John, who was best known for playing Sandy in the film 'Grease,' has died at the age of 73, according to her husband.
Trump says FBI conducted search at his Mar-a-Lago estate
The FBI searched Donald Trump's Mar-a-Lago estate as part of an investigation into whether he took classified records from the White House to his Florida residence, people familiar with the matter said Monday, a move that represents a dramatic and unprecedented escalation of law enforcement scrutiny of the U.S. former president.
RCMP has been using spyware tools for years and in more cases than previously reported, MPs told
Public Safety Minister Marco Mendicino and senior RCMP officers are defending the national police force's years-long and previously undisclosed use of spyware—capable of remotely accessing cell phone and computer microphones, cameras and other data—as part of dozens of major investigations.
4 Muslim men were killed in Albuquerque. Here's what we know about them
After ambush-style shootings of three Muslim men and the recent killing of a fourth in Albuquerque, New Mexico, the Muslim community in the city is on edge and fearful.
Nagasaki marks atomic bombing anniversary amid fresh nuclear war fears
Nagasaki paid tribute to the victims of the U.S. atomic bombing 77 years ago on Aug. 9, with the mayor saying Russia's war on Ukraine showed the world that another nuclear attack is not just a worry but 'a tangible and present crisis.'
Saskatoon woman who had been reported missing faces charges in U.S., Canada
Federal prosecutors in the United States have accused a Saskatoon woman of faking her own death and that of her son in what they describe as an elaborate scheme to illegally enter the country.
Atlantic
-
N.B. family doctor waitlist now at 74,000
"Our health-care system is a system, meaning the problems in different areas impact others," said Dr. Katharine Smart in an interview last week.
-
Community cut off by Newfoundland forest fires running out of food, says deputy mayor
The deputy mayor of a southern Newfoundland town says his community is running out of food as it remains cut off from the rest of the island due to the worst forest fires the province has seen in more than 60 years.
-
Homeless rates spiking in eastern Nova Scotia: study
The number of people who are homeless in eastern Nova Scotia is rising at an alarming rate, according to a recent study.
Montreal
-
Police open homicide investigation after man's body found in Montreal recycling bin
Montreal police say the discovery of a man's body in a recycling bin in the city's east end Monday morning is now considered a homicide.
-
Montreal mayor requests independent investigation into cancellation of Pride parade
Montreal Mayor Valerie Plante has requested an independent investigation into the abrupt cancellation of the Montreal Pride parade Sunday after meeting with festival organizers Monday evening.
-
Coroner orders public inquiry into Montreal shooting deaths
Quebec's chief coroner has ordered a public inquiry into the shooting deaths of three people, as well as that of the alleged gunman, following a killing spree last week in the Montreal area.
Ottawa
-
NEW THIS MORNING
NEW THIS MORNING | Many public servants in Ottawa opposed to return to office plans
For more than two years, federal public servants have been doing their jobs from home. Now, amid pressure to return to the office, they’re asking why that needs to change.
-
NEW THIS MORNING
NEW THIS MORNING | Capital Pride 'well on track' for August festival, but still seeking volunteers
After two summers of pandemic restrictions, Capital Pride is preparing for a major return to Ottawa streets in few weeks, and volunteers are still needed. However, executive director Toby Whitfield says organizers are prepared for the 2022 festival.
-
Lack of compensation for cancelled flights adding to travellers' frustration
The travel chaos at airports is more than just flight delays and cancellations. Now passengers are getting rejected by Air Canada for compensation.
Toronto
-
Two workers remain trapped after trench collapses at Ajax, Ont. construction site
Crews remained on-scene late into the night Monday following a trench collapse that injured four workers at a construction site in Ajax.
-
Ontario hospitals plan to uphold COVID-19 vaccine policies amid 'crisis' staffing shortages
Ontario hospitals are upholding their mandatory COVID-19 vaccination policies for employees as staff shortages mount to a 'crisis' with more emergency departments temporarily closing over the weekend.
-
Residents north of Toronto furious after city allows 'monster' home to be built
A home under construction in Richmond Hill -- which is nearly twice as tall as the others on the street -- has heightened concerns among residents.
Kitchener
-
Golfer wins new vehicle after hitting hole in one
A local golfer pulled off the shot of a lifetime when he hit the perfect shot to win a new truck.
-
Waterloo region organization aiding Hockey Canada with sexual assault training workshop
Hockey Canada has turned to the Sexual Assault Support Centre of Waterloo Region (SASCWR) for help in training its athletes and staff to end sexual violence.
-
Some new student housing in Waterloo might not be ready in time for start of school year
Student housing is hard to come by in Waterloo and new spots are constantly being built to address the need, but it appears some new housing might not be ready in time for the start of the school year.
London
-
London business owner in a coma, intensive care after falling off bicycle
Ali Azizi, owner of Smiley's Pizzeria, is in a coma after falling off his bike this past weekend in the city’s north end.
-
Trump says FBI conducted search at his Mar-a-Lago estate
The FBI searched Donald Trump's Mar-a-Lago estate as part of an investigation into whether he took classified records from the White House to his Florida residence, people familiar with the matter said Monday, a move that represents a dramatic and unprecedented escalation of law enforcement scrutiny of the U.S. former president.
-
'PTSD and mental anguish': Civil suit launched after fiery crash death of St. Thomas, Ont. woman
Every night between four and five in the morning, Bob Reid wakes up crying. The musician is still traumatized after witnessing a fatal crash in October 2020 on Highbury Avenue, between St. Thomas and London, Ont., which claimed the life of Cindy Devine.
Northern Ontario
-
Shortage of student housing in Timmins prompts Northern College to ask for help
As colleges and universities prepare to welcome students in September, the pressure is on when it comes to the housing supply.
-
New film studio coming to the Sault
A Toronto area developer and film producer has some big plans for a historic building in downtown Sault Ste. Marie.
-
Laurentian University staff union to take LU administrators to court
One of Laurentian University's biggest unions is considering taking some members of the university's administration to court.
Windsor
-
OPP searching for missing Lakeshore, Ont. woman
OPP are concerned for the wellbeing of a woman from Lakeshore who was last seen late Monday morning.
-
Windsor police seek four suspects after assault on Glengary Avenue
Windsor police are looking for four suspects after an assault on Glengarry Avenue.
-
Windsor researchers develop new nursing program to help prevent burnout
A team of University of Windsor researchers are designing a new program to help graduating nurses cope with the extreme stress in hospital settings.
Calgary
-
Calgary man charged with murdering roommate after dispute: police
Calgary police have laid charges in a brutal assault last month that resulted in a man's death, saying the victim and the accused were roommates.
-
Health officials order Banff landlord to clean up rental home with dozens of tenants
Health officials have ordered a Banff landlord to clean up dangerous living conditions found at her rental home, where beds for 42 people were found.
-
Alberta defence lawyers take job action to protest legal aid underfunding
Defence lawyers in Alberta will not be taking on certain legal aid cases over the next two weeks to push the government to correct what they call “perpetual underfunding” of the system.
Saskatoon
-
Sask. RCMP issue Amber Alert for 7-year-old girl and 8-year-old boy
An Amber Alert was issued Monday evening by Shaunavon RCMP in Saskatchewan for seven-year-old Luna Potts and eight-year-old Hunter Potts.
-
Saskatoon mother who disappeared with son faces charges in U.S., Canada
A Saskatoon woman will face charges in the U.S. and Canada after she allegedly transported her son illegally across the border.
-
Saskatoon rally shows support for missing mom found in U.S. with son
On Sunday evening, people gathered at Kiwanis Memorial Park to show their support for Dawn Walker and her seven-year-old son.
Edmonton
-
1 dead, 1 in critical condition after police shooting northeast of Edmonton
One person is dead and a second is in critical condition after a police shooting northeast of Edmonton on Monday.
-
Canada slips past Sweden 4-3 in pre-world junior test
Canada scored three unanswered goals in the first period, including one on the power play, and went on to defeat Sweden 4-3 on Monday in the final exhibition tune-up before Tuesday's start of the rescheduled 2022 World Junior Hockey Championship at Rogers Place.
-
'Very concerning': Camrose casino wants to move to southeast Edmonton
Residents in southeast Edmonton are concerned after finding out that a casino could soon be relocating to their neighbourhood.
Vancouver
-
B.C. doctor asks for $125 monthly retainer fee, re-igniting health-care debate
A family physician in Victoria is asking patients for a monthly fee of $125 to access enhanced services such as longer appointments and home visits – re-igniting debate about British Columbians' access to health-care.
-
Canadian Blood Services' donor base at 10-year low, prompting urgent call for donations
Canadian Blood Services is facing a dire situation, with its donor base and blood supply reaching the lowest level they’ve been in nearly a decade.
-
'I will not be intimidated': B.C. MLA facing recall petition from anti-mandate crowd
An NDP MLA from B.C.'s Southern Interior is facing a recall petition spearheaded by constituents who are frustrated by the government's handling of the COVID-19 pandemic.